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SPECTUR LIMITED — Investor Presentation 2021
Mar 21, 2021
65837_rns_2021-03-21_96748f53-e14e-439c-b12e-f0aa87efd218.pdf
Investor Presentation
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Spectur Limited (ASX:SP3) NWR Investor Presentation
This document was approved by the Board of Spectur Limited
Spectur Limited
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Important notice and disclaimer
This document has been prepared as a summary only, and does not contain all information about Spectur Limited’s (the “Company’s”) assets and liabilities, financial position and performance, profits and losses, and the rights and liabilities attaching to the Company’s securities. This document should be read in conjunction with any public announcements and reports (including financial reports , third party studies and disclosure documents) released by the Company.
The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions.
This presentation does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issue or transfer of the securities referred to in this presentation in any jurisdiction in contravention of applicable law.
This document does not purport to be complete and is for informational purposes only: it does not represent financial advice. Persons needing advice should consult their stockbroker, bank manager, solicitor, accountant or other independent financial advisor.
Certain statements made in this presentation are forward-looking statements. These forward-looking statements are not historical facts but rather are based on Spectur Limited’s current expectations, estimates and projections about the industry in which Spectur Limited operates, and its beliefs and assumptions. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates” and similar expressions are intended to identify forward - looking statements.
Although the Company believes that its expectations reflected in the forward-looking statements are reasonable, such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. These statements are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Spectur Limited, are difficult to predict and could cause actual results to differ materially from those expressed or forecast in the forward-looking statements. Spectur Limited cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Spectur Limited only as of the date of this presentation.
The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made. Spectur Limited will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this presentation except as required by law or by any appropriate regulatory authority.
Spectur Limited (ASX:SP3) Investor Presentation | March 2021 | Page 2
Reduce the time to sense and warn
Beaches, parks, remote sites, bushland, isolated utilities, construction
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Connected to remote sensing
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Projecting visible and audible warnings, in isolation or as a team
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Provide camera vision in real time, and recorded
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Modular
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Two-way communication option (video and audio)
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Smart signage option (remotely updated and deployed)
Spectur helps improve safety for the community , without needing people on site, power or wired internet.
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Reduce the frequency and cost of crime
Security companies, remote utilities, charities, building and construction sites, bushland, parking lots, outdoor assets
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Detect trespassing with the lowest false alarms
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Visual and spoken warning on site to stop crime before it starts
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Automated notification
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Live and edge / cloud recorded CCTV and event-based camera vision
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Modular:
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Two-way communication option
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Smart signage option
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Remote sensor options
Spectur helps stop crime before it starts, without needing people on site, power or wired internet.
Improve productivity
Construction sites, remote facilities, logistics, warehousing
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Live and recorded camera vision for remote
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Progressing
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Claims management
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Labour productivity review
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Supplies on site
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Time-lapse recording of site progress and change
Spectur helps inform decisions and improve productivity , without needing people on site, power or wired internet.
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Spectur’s solutions…
Many businesses and government entities have operations ”outdoors”. In these places, people, power and internet cabling can be cost prohibitive.
Spectur help sense, think and act outdoors, to provide safety, security and productivity solutions.
The needs and potential for outdoor solutions are growing, and so are we.
Spectur has unique modular hardware platforms , optimized for power and data efficiency of cameras, sensors, devices and artificial intelligence
Spectur has unique modular software platforms at edge, cloud and in Apps, optimized for low power and data applications
Spectur has deployed more than 2,000 systems with more than 20 million field hours of optimization. There is nothing like it .
Focus
A focused and growing market
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Outdoor applications for customers in
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Government and Utilities
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Building and Construction
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based in Australia and New Zealand
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that need solutions in
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Safety
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Security
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Productivity
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Spectur Integrated Technology
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NBIoT
CORE
LoRaWAN
App 4G Sensors
WiFi
User Web WiFi Bluetooth Switching/Controls
VMS [+] Satellite
Custom Wireless Lights/Speakers
3rd Party etc.
Software platforms Hardware platforms
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Designed, built and coded in Australia to be modular, rugged and easy to use
+ Video Management System
- NBIoT, Narrow Band Internet of Things
Spectur designs and builds integrated hardware and software platforms to provide outdoor solutions optimized for power and data Its hard to do and replicate
Spectur Limited (ASX:SP3) Investor Presentation | March 2021 | Page 8
Rapid growth, with a pause in calendar 2020
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| February 2021 | February 2021 | YTD results | |
|---|---|---|---|
| Revenue element | Proportion | GM% | |
| Hardware sales | 24% | 31% | |
| Rentals | 34% | 75% | |
| Recurring revenue | 27% | 67% | |
| Field services | 15% | 12% | |
| Total | 100% | 53% |
Spectur Limited (ASX:SP3) Investor Presentation | March 2021 | Page 9
Growth trajectory resumes
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Best January on record
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Best February on record
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Best March forecast (~$520k)
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FY21 Q3 expected to be >40% up on FY21 Q2
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ARR* + Rental run rate of >3m/yr ($1.2m/yr + $1.8m/yr)
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Very strong sales pipeline
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$2.2m cash at end of Q2-FY21
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Additional technology features pending
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Traction with sales and marketing
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Traction with growth in strategic sectors
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COVID impacts continue to lessen
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Production issues sorted
Spectur
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has a unique and valuable position in a growing market
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has navigated COVID-19 impacts and returned to growth
*ARR = Annual Recurring Revenue = monthly recurring revenue, annualized.
Spectur Limited (ASX:SP3) Investor Presentation | March 2021 | Page 10
Capital Structure
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Key Metrics as at 19 March 2021
| Share Trading Information | |||
|---|---|---|---|
| ASX code | SP3 | ||
| Listed on ASX | 01/08/2017 | ||
| Current share price | $0.072 | ||
| Market cap | $7.65m | ||
| 52 week closing high | $0.10 | ||
| 52 week closing low | $0.041 | ||
| Capital Structure | |||
| Shares on issue | 106.3m | ||
| Performance Rights on issue | 6.5m | ||
| Share Register | |||
| Top 20 shareholders | 33.7% | ||
| % of register owned by Board & KMPs | 4.28% |
Top Shareholders (as at 19 March 2021)
| National Nominees Limited | 3.8% | ||
|---|---|---|---|
| Charles Wilkins (Founder) | 3.7% | ||
| D & G Amarakoon | 3.1% | ||
| Darren Cooper (Non-Executive Chairman) | 2.1% | ||
| Mr Peter Ferris | 1.7% | ||
| Dr Malaka Ameratunga | 1.7% | ||
| Ms Snezana Bowden | 1.7% | ||
| Mr Kieran Maurice Moran | 1.4% | ||
| Gunawardena & T Fernando | 1.4% | ||
| Gerard Dyson (ManagingDirector) | 1.4% | ||
| FrySuper PtyLtd | 1.2% | ||
| Sandhurst Trustees Ltd | 1.2% |
Current ARR multiple of 6.4, only 27% of Total revenue
Spectur Limited (ASX:SP3) Investor Presentation | March 2021 | Page 11
Contact Details and Investor Enquiries
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Spectur Limited (ASX:SP3)
Gerard Dyson Managing Director [email protected]
Spectur Limited (ASX:SP3) Investor Presentation | March 2021 | Page 12